Southern Maine Appliance Sales, Installation & Service
Maine
| Asking Price: | $1,200,000 |
| Gross Revenue: | $2,750,000 |
| Rent: | $75,000/Year |
| Established Year: | 2004 |
| Cash Flow: | $450,000 |
| Inventory: | $300,000 |
| FF&E: | $100,000 |
Listing ID: 2244434Listing provided by BizBuySell
BUSINESS DESCRIPTION
Step into a lucrative opportunity with a well-established home appliance retailer. Located in Southern Maine, this business has a stellar reputation for quality products and exceptional customer service. The business carries exclusive brands catering to various styles and budgets. Benefit from a high visibility storefront in a bustling area, and dominant market position.
DETAILED INFORMATION
Location
Maine
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business occupies a 4,000 square-foot building located on a busy thoroughfare in Southern Maine.
Competition
The home appliance business has territorial exclusivity to top suppliers and products ensuring competitive advantage. The business is well respected within the community, with strong local ties to area builders and repeat customers.
Growth & Expansion
The business' location and strong brand image have built a loyal customer base. This retailer has a unique and profitable niche in a quality product line. It serves a desirable geographic area, and is well positioned with excellent growth opportunities.
Financing
Anticipated bank financing of $950k. Working capital needed $100K.
Support & Training
Owner will provide transition training for a new owner.
Reason for Selling
Retirement
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